Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper, Hotels, Restaurants & Leisure and Insurance sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.70%.
The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 5.97% or 7.75 points to trade at 137.40 at the close. Maghreb Oxygene (CS:OXYG) added 4.93% or 4.80 points to end at 102.00 and Hps (CS:HPS) was up 4.71% or 25.00 points to 555.00 in late trade.
Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 5.99% or 1.50 points to trade at 23.51 in late trade. Involys (CS:INV) declined 5.98% or 7.30 points to end at 114.65 and Med Paper (CS:PAP) shed 5.96% or 0.99 points to 15.61.
Declining stocks outnumbered rising ones by 23 to 18 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for September delivery was up 1.10% or 0.50 to $45.95 a barrel. Meanwhile, Brent oil for delivery in September rose 1.46% or 0.68 to hit $47.34 a barrel, while the August Gold contract fell 1.03% or 13.75 to trade at $1318.55 a troy ounce.
EUR/MAD was down 0.07% to 10.8480, while USD/MAD rose 0.20% to 9.8533.
The US Dollar Index was up 0.14% at 97.20.